503, Al Thamam 15
Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Al Thamam 15
What is 503 worth today?
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Source: Dubai Land Department. Updated 3 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-68
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 12,500 /yr
- Last sold
- AED 720K · April 2015
- Building
- Al Thamam 15
About 503, Al Thamam 15
503 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Thamam 15, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 April 2015 for AED 720,000, or AED 927 per sqft, 15% below the AED 1,088 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 3 July 2025, is AED 53,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 12,500 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Thamam 15, and where 503 sits
All 22 1-beds →503 last sold in April 2015 at AED 927 per sqft, 15% below what one-beds in Al Thamam 15 were fetching at the time (AED 1,088). 503's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Apr 202528 April 2025 | 689 sqft | 600,000 | 870 | ||
| 26 Feb 202526 February 2025 | 689 sqft | 532,000 | 772 | ||
| 8 May 20238 May 2023 | 665 sqft | 393,000 | 590 | ||
| 28 Jul 202228 July 2022 | 777 sqft | 450,000 | 579 |
Al Thamam 15
Building48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 949
- Typical sale
- AED 955K
- Typical rent
- AED 64K /yr
- Typical yield
- 7.9%
Other units on the 5th floor
All 48 units in Al Thamam 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 600KAED 600,000 · Apr 2025April 2025 | 96,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 44,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 510KAED 510,000 · Dec 2015December 2015 | 90,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 980KAED 980,000 · Apr 2015April 2015 | 80,000 /yr | |
| 506 | 1-bed | 777 sqft | AED 870KAED 870,000 · Jun 2014June 2014 | 58,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 870KAED 870,000 · Jun 2014June 2014 | 58,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 309KAED 308,500 · Nov 2016November 2016 | 58,000 /yr | |
| 509 | Studio | 468 sqft | AED 440KAED 440,000 · Apr 2015April 2015 | 31,500 /yr |
503, Al Thamam 15 in numbers
- Sold 3 times: first on 21 April 2009 for AED 675,967, last on 14 April 2015 for AED 720,000 (AED 927 per sqft).
- Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 53,000 by July 2025.
- At AED 53,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 12,500 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 3 July 2025.
Questions about 503, Al Thamam 15
What did unit 503 last sell for?
AED 720,000 on 14 April 2015: AED 927 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 675,967 in April 2009.
What is the rent for unit 503?
AED 53,000 a year on the contract renewed on 3 July 2025. The previous contract, from July 2024, was AED 53,000; the unit has been rented since April 2015.
How big is unit 503?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 503, Al Thamam 15
Starts from the last sale price (AED 720K, 14 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →